Saturday, March 28, 2020

ADVANTAGES OF TRADING FOREX


Hello Everyone!
How's Your Trading Day?.

Every business has its fluctuations, profits and losses.

Here are some good news if you are interested in trading forex:
  • The Forex market involves a large number of buyers and sellers which results in swift trade execution - both buying and selling.
  • Fx Market Operation hours are 24 hours only on weekdays. Basically, the highest volume of trade is usually started from Sydney and followed by Tokyo, London and ending in New York.
  • Forex markets are open to various global markets that are open all day.
  • Generally, brokers offer higher leverage than the market due to high liquidity. Somehow, greater profits on smaller investments can take place with smaller movements in currency prices. Let's say that if our brokers offered 100:1 and $100 that position should be $10000. Therefore, smaller movements in currency prices would have greater weight which could lead to greater profit on smaller investments. Somehow, leverage does work both ways and can magnify losses.
Due to low and high level of leverage, possibilty to open accounts with FX brokers with small amount of capital is applicable... Great Haaah?.

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Stay tuned for our next post on the forex crisis.

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